GN STORE NORD A/S
Credit rating
Value of the company
Company information
About GN STORE NORD A/S
GN STORE NORD A/S (CVR number: 24257843K) is a company from BALLERUP. The company reported a net sales of 18687 mDKK in 2022, demonstrating a growth of 18.5 % compared to the previous year. The operating profit percentage was at 5.9 % (EBIT: 1111 mDKK), while net earnings were 551 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 22.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GN STORE NORD A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 10 607.00 | 12 574.00 | 13 449.00 | 15 775.00 | 18 687.00 |
Gross profit | 6 574.00 | 7 582.00 | 7 298.00 | 8 682.00 | 9 132.00 |
EBIT | 1 796.00 | 2 002.00 | 1 627.00 | 2 397.00 | 1 111.00 |
Net earnings | 1 234.00 | 1 465.00 | 1 278.00 | 1 830.00 | 551.00 |
Shareholders equity total | 5 096.00 | 4 849.00 | 5 178.00 | 6 229.00 | 6 800.00 |
Balance sheet total (assets) | 13 017.00 | 16 683.00 | 16 682.00 | 23 552.00 | 30 589.00 |
Net debt | 3 288.00 | 4 840.00 | 3 789.00 | 4 927.00 | 14 899.00 |
Profitability | |||||
EBIT-% | 16.9 % | 15.9 % | 12.1 % | 15.2 % | 5.9 % |
ROA | 14.3 % | 15.9 % | 11.5 % | 13.1 % | 5.0 % |
ROE | 24.2 % | 29.5 % | 25.5 % | 32.1 % | 8.5 % |
ROI | 19.2 % | 21.0 % | 15.6 % | 17.2 % | 6.4 % |
Economic value added (EVA) | 1 391.25 | 485.81 | 171.41 | 726.12 | - 392.56 |
Solvency | |||||
Equity ratio | 39.1 % | 29.1 % | 31.0 % | 26.4 % | 22.2 % |
Gearing | 77.0 % | 135.5 % | 105.2 % | 178.8 % | 233.7 % |
Relative net indebtedness % | 68.7 % | 80.4 % | 73.2 % | 70.5 % | 122.0 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.0 | 1.0 | 1.6 | 0.5 |
Current ratio | 1.4 | 1.2 | 1.3 | 1.9 | 0.8 |
Cash and cash equivalents | 636.00 | 1 728.00 | 1 657.00 | 6 208.00 | 990.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 72.6 | 76.2 | 78.7 | ||
Net working capital % | 11.5 % | 9.8 % | 11.1 % | 37.0 % | -12.7 % |
Credit risk | |||||
Credit rating | A | A | A | A |
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